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Article: Kerzner Announces Third Quarter Results; Paradise Island Revenues Increase 13%; Paradise Island EBITDA Increases 69%.
- Article from:
- Business Wire
- Article date:
- October 30, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
PARADISE ISLAND, The Bahamas--(BUSINESS WIRE)--Oct. 30, 2002
Kerzner International Limited (NYSE:KZL) today reported net income for the quarter, excluding non-recurring items and operating results from Kerzner Interactive, the Company's internet gaming venture, of $2.2 million as compared to a net loss of $7.5 million for the same period last year. On this basis, net income per share for the quarter was $0.08 as compared to a net loss per share of $0.28 in the same period last year. These third quarter results excluded a net loss of $1.8 million from Kerzner Interactive and an extraordinary loss of $0.9 million related to the early ...